Avianca Brasil open to more bids

M&A Corporate & Sovereign Strategy Brazil

Airline forms a new company to hold the assets it has put up for sale

Enel focuses on Luz del Sur

M&A Energy Electricity

US energy company Sempra could be in a hurry to sell its utility business in Peru before the government enacts a new M&A law, source says

Fitch upgrades Cemex

Bonds Debt Capital Markets

Mexican cement maker rises to a BB by refinancing debt, selling assets and increasing cash flow

Brazil auctions 12 airport concessions

Project & Infrastructure Finance M&A Economy & Policy

Spain's Aena bids $500m for six airports, while Switzerland's Flughafen Zürich gets two for $115m

Marfrig biz buys US beef company

M&A Brazil US

Brazilian meatpacker's subsidiary National Beef agrees to pay $150m for Iowa Premium

Chile's Megeve eyes Graña y Montero

M&A Project & Infrastructure Finance Peru

Family office could view the Peruvian builder as an "opportunistic asset," source says

Houston firm ponders Venezuela fund

M&A Energy Gas

Tudor, Pickering, Holt & Co confirms it is considering a $3bn fund for distressed oil assets

GeoPark enters Ecuador

M&A Project & Infrastructure Finance Energy

Chilean oil and gas company partners with Canada's Frontera Energy to win two exploration blocks in the Oriente basin

Azul offers to buy Avianca Brasil assets

M&A Debt Corporate & Sovereign Strategy

Brazilian airline could spend $105m for 30 airplanes, 70 pairs of slots and an operating certificate

Enel emerges as top suitor for Sempra assets

M&A Corporate & Sovereign Strategy Energy

Italian power company heads the pack with ACS, Engie and Vinci

BBVA kickstarts Forum sale

M&A Corporate & Sovereign Strategy Chile

Spanish bank could earn $500m from selling its car financing business in Chile

Petrobras cuts costs

M&A Debt Corporate & Sovereign Strategy

Brazil's state-owned energy company tries to lower operating expenses by $8bn in five years

Odebrecht sticks with restructuring offer

Corporate & Sovereign Strategy Debt Bonds

Bondholders have demanded Braskem shares as collateral, but the embattled Brazilian builder may need to sell those shares to survive, sources say

EPSA adds to distribution business

M&A Loans Corporate & Sovereign Strategy

Colombian power company agrees to spend $529m for Compañía Energética del Tolima

Brazil allows BW Offshore to buy oilfield

M&A Regulation Energy

Norwegian FPSO operator will move into E&P by buying the Maromba field from Petrobras and Chevron